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Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Cyclically Adjusted Book per Share : $6.33 (As of Mar. 2024)


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What is Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Turkiye Sise ve Cam Fabrikalari AS's adjusted book value per share for the three months ended in Mar. 2024 was $15.973. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $6.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Turkiye Sise ve Cam Fabrikalari AS's average Cyclically Adjusted Book Growth Rate was 48.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 39.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 29.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Turkiye Sise ve Cam Fabrikalari AS was 39.70% per year. The lowest was -52.60% per year. And the median was 24.60% per year.

As of today (2024-06-24), Turkiye Sise ve Cam Fabrikalari AS's current stock price is $24.17. Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.33. Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio of today is 3.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turkiye Sise ve Cam Fabrikalari AS was 6.74. The lowest was 0.08. And the median was 1.92.


Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted Book per Share Chart

Turkiye Sise ve Cam Fabrikalari AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.69 5.65

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.65 4.84 4.28 5.65 6.33

Competitive Comparison of Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio falls into.



Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Turkiye Sise ve Cam Fabrikalari AS's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.973/131.7762*131.7762
=15.973

Current CPI (Mar. 2024) = 131.7762.

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.948 100.560 14.347
201409 11.477 100.428 15.060
201412 11.025 99.070 14.665
201503 10.030 99.621 13.267
201506 9.039 100.684 11.830
201509 9.088 100.392 11.929
201512 11.364 99.792 15.006
201603 11.461 100.470 15.032
201606 10.942 101.688 14.180
201609 11.995 101.861 15.518
201612 10.863 101.863 14.053
201703 10.694 102.862 13.700
201706 11.353 103.349 14.476
201709 12.000 104.136 15.185
201712 11.376 104.011 14.413
201803 11.593 105.290 14.509
201806 10.501 106.317 13.016
201809 9.218 106.507 11.405
201812 10.613 105.998 13.194
201903 10.702 107.251 13.149
201906 10.566 108.070 12.884
201909 10.688 108.329 13.001
201912 11.106 108.420 13.498
202003 10.137 108.902 12.266
202006 9.960 108.767 12.067
202009 9.458 109.815 11.349
202012 9.395 109.897 11.265
202103 10.133 111.754 11.948
202106 9.736 114.631 11.192
202109 10.323 115.734 11.754
202112 9.584 117.630 10.737
202203 9.610 121.301 10.440
202206 10.295 125.017 10.852
202209 10.544 125.227 11.095
202212 24.986 125.222 26.294
202303 13.143 127.348 13.600
202306 12.341 128.729 12.633
202309 11.362 129.860 11.530
202312 15.982 129.419 16.273
202403 15.973 131.776 15.973

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Turkiye Sise ve Cam Fabrikalari AS  (OTCPK:TKKYY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.17/6.33
=3.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Turkiye Sise ve Cam Fabrikalari AS was 6.74. The lowest was 0.08. And the median was 1.92.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Turkiye Sise ve Cam Fabrikalari AS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Turkiye Sise ve Cam Fabrikalari AS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Business Description

Traded in Other Exchanges
Address
Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.

Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Headlines